Biggest lesson i learnt this year in the trading market is that nobody knows what is going to happen next, so practice some humility and follow a strategy with a long term edge.
Like this video for a in-depth part 2 :) -- This was just an introduction!
I started my trading journey late 2021. I started off with 10+ indicators and it was just clutter. Over time I found myself slowly removing indicators 1 by 1. Right now, aside from volume, I have stochastic to help give confirmation with price action. Simpler the better!!
Investing in the stock market has HISTORICALLY provided higher returns than other forms of investment. According to Morningstar, the average annual return for the S&P 500 index, which measures the performance of 500 large-cap stocks, was approximately 10% from 1926 to 2020.
I must say you are an inspiration because I started up investing and trading as a scared investor who doesn’t want to lose money, glad to say I’m very profitable now and bought my first house through it
I like to use 2 or 3 indicators on my charts. Heiken Ashi candles to visualize trends. A VWAP (volume weighted average price) indicator: look for sells when price is below vwap and/or vwap line is pointed down, the reverse for buys. And less importantly, an indicator to catch divergences. RSi or MFI etc will work for divergences. Howwever, I do agree that price action is the most important thing to watch. Just observing the fluctuations in an individual Heiken Ashi candle can give you a real-time clue about short-term price movements, especially if those flucuations are in keeping with the current market trend.
Stock picking is an effort in futility, particularly at an uncertain time such as this. My portfolio is still significant, about $320k, but I'm not confident about picking stocks anymore. Are there really no other options for me to gain from the stock market?
Hello, i wish to start investing but i don't know where to begin. Any advice or contact for help?
I’ve had majority of my holdings in tech stocks and I've had 25% increase in my portfolio, especially with Apple’s P/E (price to earnings ratio) but with much uncertainty now, my question is what stocks can be the next APPL in terms of growth for the next decade?
If you wanna be successful, you most take responsibility for your emotions, not place the blame on others. In addition to make you feel more guilty about your faults, pointing the finger at others will only serve to increase your sense of personal accountability. There's always a risk in every investment, yet people still invest and succeed. You must look outward if you wanna be successful in life.
I day trade Bitcoin. All I use are volume, RSI, 20 EMA on the 3 min chart, and Fib levels. Consistently making ~$3k pw. The simpler your trading is, the better the results.
How can I make good profit as a beginner starting with $4,000 ~io4
I have a 3 fund portfolio consisting of 33% S&P, 33% Total stock, and 33% international. I feel a need to focus on complete growth so I went 100% stocks, but does the SP500 and TSM overlap too much to make sense holding both? However I’ve been in the red for a month now. I work hard for my money, so investing is making me a nervous sad wreck. I don’t know if I should sell everything, sit and just wait but watching my portfolio dwindle away is such an eye -sore.
After listening to many complicated technical analysis tips, I'm so glad that you bring us back to something basic.
Hi sir, I would like to thank you for sharing your knowledge and experience to us. Begginers like me doesnt know how to start and theres a lot of fake gurus out here and what we can do for now is filter those who are the real traders and has heart to teach us. I appreciate you are taking time to educate us. This comment is just a simple gesture to thank you for the effort. Please dont stop sharing and helping us. Again Thank you!!!
clarity at the highest level . Thank you Umar
You don't know how much I respect each word you say. I finally find a person who talks sense ,leave behind all the indicators , simply trade❤ where I come from I can't have trade view , I hate candle sticks so i found me another way to trade which is by numbers . I calculate so much before entering and repeat it each 10 min to get a proper understanding where I stand today a yes go trade day or not
Thanks to God I'm a profitable trader now... But MAAANNNN there is so much free sauce in this video I wish I had this 5years ago when I first started.
The market crash is inevitable. Invest in crypto, forex, and gold now. They are profitable.
@UmarAshraf28